Jun 03 Watch 4:49 Why hiring is at five-year low and the economy is stalling By PBS News Hour According to a new report from the Labor Department, U.S. hiring fell to a five year low in May, with just 38,000 new jobs. Even if those numbers are off, the last quarter shows a similarly disturbing trend: 115,000 jobs… Continue watching
Mar 16 Watch 4:12 News Wrap: Trump dismisses talk of contested convention; Fed maintains interest rates By PBS News Hour In our news wrap Wednesday, Republican frontrunner Donald Trump warned against trying to deny him the party’s presidential nomination via a brokered RNC convention in July. Also, the Federal Reserve decided to hold interest rates steady, saying the U.S. economy… Continue watching
Mar 10 Watch 7:54 How long will the Fed have to 'fiddle' with interest rates? By PBS News Hour Money manager turned country crooner Merle Hazard has made a name for himself singing about fiscal policy. His latest tune considers whether the Federal Reserve will raise interest rates -- and according to one of the world’s leading investment experts,… Continue watching
Mar 10 Here's a finger-picking bluegrass song about the Fed's plan for interest rates By Jon Shayne What do a fiddle, a barn dance and a bale of hay have to do with the Federal Reserve's interest rate policy? A whole lot, says Merle Hazard, who's written yet another finger-picking country song about the economy. Continue reading
Mar 10 How do negative interest rates work anyway? By Mohamed El-Erian The European Central Bank just lowered their interest rates further into negative territory. But how do negative interest rates anyway?… Continue reading
Mar 10 European Central Bank announces moves to boost eurozone economy By Kristen Doerer After meeting in Frankfort on Thursday, the European Central Bank announced a new six-point stimulus package aimed at improving the eurozone economy. Continue reading
Jan 06 Watch 8:26 Fighting the debt trap of triple-digit interest rate payday loans By PBS News Hour Payday loans are supposed to be a short-term quick fix for those who can't get traditional credit. But the loans are rarely actually short-term, and borrowers frequently need to take out a second loan to pay off the first. Special… Continue watching
Dec 16 Why the Fed's decision on interest rates probably doesn't matter By Vikram Mansharamani We need to look at the big picture, and when we do, we might conclude today’s decision probably doesn’t matter that much. Continue reading
Dec 16 Fed raises interest rates for first time in nearly 10 years By Kristen Doerer Federal Reserve Board Chairwoman Janet Yellen will hold a news conference where she is expected to announce the Fed's interest rate decision. PBS NewsHour will live stream the event, scheduled for 2:30 p.m. EST. Continue reading
Nov 09 Column: Why the cure for a sluggish economy is actually longer vacations By Dean Baker What if we could boost the economy with longer vacations? Or with paid family leave? With shorter workweeks?… Continue reading